The seven men arrested Tuesday night in a drug raid at the Cambridge Hyatt Regency Hotel on Memorial Drive were arraigned in East Cambridge District Court Wednesday on charges of illegal possession of cocaine, Lt. Edwin Petersen of the Cambridge Detective Bureau said yesterday.
The court released three of the men on $100,000 bail, Petersen added.
Cambridge Police found about five pounds of uncut cocaine worth an estimated $3-5 million during their raid Tuesday night on a tenth floor suite which the seven had rented earlier in the day, Petersen said.
The men allegedly tried to sell $150,000 worth of cocaine to an undercover detective before police made the arrests.
Petersen said police chemists are still analyzing the cocaine to determine its purity and source.
The cocaine bust was part of an ongoing crack-down on illegal narcotics traffic in Cambridge.
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